Goldberg Coins and Collectibles

Sale 42

Pre-Long Beach Coin and Currency Auction

Lot	Photo	Description	Realized
Lot 3833		1891, $1 Coin Note. . Fr-352. . KL-60. PMG graded Gem Uncirculated 66 Exceptional Paper Quality. Well embossed and a beautiful example of this popular type. Estimated Value $2,500 - 3,000. View details and enlarged photos	Realized $2,300
Lot 3834		1891, $2 Coin Note. . Fr-358. . KL-145. PMG graded Extremely Fine 40. Nice and bright with the look of a much higher grade note. A much scarcer signature combination with Bruce and Roberts. Estimated Value $1,750 - 2,000. View details and enlarged photos	Realized $2,070
Lot 3835		1891, $5 Coin Note. . Fr-364. . KL-258. PMG graded Gem Uncirculated 65 Exceptional Paper Quality. Bold design with nice bright features associated with fresh crisp paper. These notes were issued as a result of the Legal Tender Act of July 14, 1890. This Act authorized the Secretary of the Treasury to issue these notes in payment for silver bullion purchased by the Treasury Department. The entire issue of these notes thus became backed by metallic reserves. The notes were redeemable in actual coin, but whether silver or gold coin should be paid out was left to the discretion of the Secretary of the Treasury. Their use (or better still, their mis-use) helped contributed to the Panic of 1893. Estimated Value $5,000 - 6,000. View details and enlarged photos	Realized $5,290